dc.contributor.author | Garrahan, Thomas Booth | en |
dc.date.accessioned | 2014-03-14T21:49:45Z | en |
dc.date.available | 2014-03-14T21:49:45Z | en |
dc.date.issued | 1985-06-05 | en |
dc.identifier.other | etd-11152013-040256 | en |
dc.identifier.uri | http://hdl.handle.net/10919/45723 | en |
dc.description.abstract | The concept of a bin leasing system represents an effort to use bins more extensively. In a leasing system one inventory of bins would be used by two‘or more annual users. System benefits would be lower per-use costs for the user and the opportunity for the lessor to make a profit.
In order to establish a working data base of information, a mailed questionnaire was sent to 333 fruit and vegetable processors. The response rate on the survey was 45%.
A typical bin is built of hardwood lumber, lasts about seven years, and costs an average of $36.53. Seventy-eight percent of the owners considered bin repair a problem, 85% thought bin transport was expensive, 96.5% agreed that bins were a significant investment. Overall, 66% considered bin leasing a viable option to ownership.
Eastern North Carolina was chosen as the most promising leasing system location. The system will cater to cucumber/pepper processors and sweet potato packers. The method chosen to establish the system is to contract with one or more large companies to supply, on a lease basis, the required replacement bins for future years.
A sample system was designed based on cost and revenue information received from area bin owners. Calculations yielded a net present value of $31,056.99 for a 15 year run of the system when using a discount rate of 12.5%.
The effects of changes in key variables were analyzed. The most dramatic changes in NPV were due to changes in bin life and per-bin revenues. | en |
dc.format.medium | BTD | en |
dc.publisher | Virginia Tech | en |
dc.relation.haspart | LD5655.V855_1985.G377.pdf | en |
dc.subject | Lease and rental services. | en |
dc.subject.lcc | LD5655.V855 1985.G377 | en |
dc.title | The market potential and economic feasibility of a wooden pallet bin leasing system | en |
dc.type | Thesis | en |
dc.contributor.department | Forest Products | en |
dc.description.degree | Master of Science | en |
thesis.degree.name | Master of Science | en |
thesis.degree.level | masters | en |
thesis.degree.grantor | Virginia Polytechnic Institute and State University | en |
thesis.degree.discipline | Forest Products | en |
dc.identifier.sourceurl | http://scholar.lib.vt.edu/theses/available/etd-11152013-040256/ | en |
dc.date.sdate | 2013-11-15 | en |
dc.date.rdate | 2013-11-15 | en |
dc.date.adate | 2013-11-15 | en |